The inventories-to-sales ratio traditionally has been a key indicator for assessing near-term transportation demand. Right now they're very lean, which usually is good news for trucking – but there's a catch.
Truck tonnage fell in March for the second month in a row, but American Trucking Associations’ chief economist is still calling for a positive outlook.
The trucking industry, and the supply chain as a whole, are in an upcycle, but analysts suspect that the industry has reached its peak.
The 4.5% drop in the American Trucking Associations' tonnage numbers was largely due to severe winter weather during February.
Is a broad statistic that can give us a real-time second-level read on the magnitude and direction of freight trends? The answer is rail carloads.
The number of new Class 8 registrations in 2021 is expected to recover by more than 10% from 2020, IHS Markit officials said during a Work Truck Week 2021 virtual presentation.
American Trucking Associations logged an advanced seasonally adjusted For-Hire Truck Tonnage Index increase of 1.4% in January after rising 1.2% in December 2020.
The fuel cost component of FTR's Trucking Conditions Index recorded the largest negative change in more than three years.
Bob Dieli predicted a “rough ride” for the trucking industry in 2020. Little did he know how rough that ride would be.
“2021 will be a story of contending tailwinds and headwinds,” says U.S. Xpress in a blog post about its 2021 Economic Forecast. See what key trends the truckload carrier's analysts expect this year.